Some Social Security Beneficiaries Will Pass a Historic Milestone in 2025. Are You Among Them?
Social Security will see several major changes take effect on Jan. 1. Some of them, like the 2.5% cost-of-living adjustment (COLA), will affect all program recipients. But a small group of Social Security beneficiaries will reach a major milestone next year that will have them collecting larger checks than anyone has in the history of […]
The One Big Reason to Do Your Black Friday Shopping at Costco
Image source: Getty Images Black Friday is almost here, and retailers are already promoting fantastic deals. With so many stores offering hefty discounts, it can be difficult to decide where to shop. If you have a Costco membership, consider browsing the warehouse club brand’s Black Friday deals to see if shopping there could help you […]
8 Kohl’s Exclusive Products Everyone Should Know About
Image source: Getty Images With the holiday shopping season well underway, Kohl’s could be a good place to find exclusive deals in a classic department store experience. Kohl’s has special in-house brands and only-at-Kohl’s unique offers, especially on toys, clothes, and household items. Black Friday is Nov. 29, 2024, so be sure to look out […]
10 Great Products You’ll Only Find at Costco
Image source: Upsplash/The Motley Fool Folks save money at Costco in a variety of ways, though it’s fair to say a big chunk of it is down to bulk buying. When you’re buying a 36-pack instead of a four-pack of something, it gets a whole lot cheaper, even for name brands. But the real key […]
Can I Use My Spouse’s Costco Membership? The Answer May Surprise You
Image source: Getty Images The people that we live with, have relationships with, and legally bind ourselves to, all have certain benefits for a lot of programs. You can share your streaming account with household members, for instance, or file taxes with a spouse. Unfortunately, Costco isn’t quite as blasé about sharing as the U.S. […]
How to Use Medicare’s Plan Ratings System During Open Enrollment
Medicare’s fall open enrollment has been underway since Oct. 15. At this point, you only have a short amount of time to make changes to your Medicare coverage for 2025, since open enrollment wraps up on Dec. 7. There are several good reasons to consider a new Medicare Advantage or Part D drug plan. First […]
Watch Out: This 1 Mistake Could Get Your Credit Card Instantly Canceled
Image source: Getty Images No one wants to get a notification that their credit card has been canceled. This isn’t a common occurrence — credit card companies normally want to add customers, not get rid of them. But they can close your card at any time, and there’s one payment mistake that could put your […]
Is Your Net Worth Higher or Lower Than the Average American’s?
Image source: Getty Images You may be aware of how much money you have in your savings account. But do you know what your net worth amounts to? That’s a harder number to come by. Your net worth is the difference between your assets and liabilities. As a very simple example, if you have $10,000 […]
The Average Retirement Savings Balance by Age Might Surprise You
Have you ever wondered how your IRA or 401(k) balance might compare to what other people your aged have saved? If so, you’re surely not alone. It can be argued that comparing your savings to other people’s isn’t helpful, since everyone’s expenses are unique. But there can be some value in seeing what the typical […]
Social Security Retirees Just Got Bad News About the 2025 Cost-of-Living Adjustment (COLA)
Social Security benefits are adjusted annually to account for inflation in the previous year. For instance, retirees and other beneficiaries will receive a 2.5% cost-of-living adjustment (COLA) in 2025 to account for rising prices in 2024. Unfortunately, that will be the smallest increase in payments since 2021 and falls below the 10-year average of 2.75%. […]
